Dayton Mining Retains Financial Advisor.VANCOUVER, British Columbia--(BUSINESS WIRE)--Feb. 15, 1999--Canada Dayton Mining Corporation ("Dayton") (AMEX AMEX See: American Stock Exchange , TSE See Tokyo Stock Exchange. TSE 1. See Tokyo Stock Exchange (TSE). 2. See Toronto Stock Exchange (TSE). : DAY) announces that it has retained Nesbitt Burns Inc. as its financial advisor with respect to a review of Dayton's capital structure, including, among other things, whether any restructuring of the terms of the convertible debentures should be proposed at this time. Dayton confirms that it is currently in compliance with all obligations under the terms of its senior bank indebtedness, as fully described in Dayton's press release of January 11, 1999, and its convertible debentures. Dayton does not currently anticipate being in non-compliance under the terms of either the senior bank indebtedness or the convertible debentures. As required by regulatory requirements, management of Dayton have today through the financial press disclosed a possible meeting date of March 31, 1999 for an extraordinary meeting of convertible debentureholders and, if required, shareholders. No decision has yet been made whether any such meeting will be held. Dayton will give proper notice as required by legal and regulatory requirements of any such meeting. Dayton Mining Corporation holds a 100% interest in the Andacollo Gold Mine located in central Chile, and trades on both the American Stock Exchange American Stock Exchange (AMEX) Stock exchange in the U.S. Originally known as “the Curb,” it began as an outdoor marketplace in New York City c. 1850. It moved indoors to its present location in the Wall Street area in 1921. (AMEX) and Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. (TSE) under the trading symbol Trading symbol See: Ticker symbol DAY. For further information please contact Diane Thomas, Vice President, Investor Relations (604) 662-8383 Notice: The Company relies on litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. protection for "forward looking" statements. e-mail: dmining@dayton-mining.com www.dayton-mining.com |
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